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departing from his role as treasury secretary, is now joining the council on foreign relations. lance armstrong continues his downhill spin. the discgraced cyclist is now under an active criminal investigation by federal authorities according to a-b-c news. the focus is reportedly obstruction, witness tampering and intimidation. armstrong gave his first interview last month since being stripped of his seven tour de france titles. the u.s. postal service is cutting down its delivery days. the struggling agency will eliminate mail service on saturdays starting in august. packages will still be delivered, however, and some post offices will stay open on saturdays. look for more changes - politico reports the agency will release a five-year financial plan early next month. in earnings news, investors sized up what they heard from ralph lauren and liked it. the stock gained nearly $10 yesterday as the company reported stronger-than-expected sales, especially during the holidays. the stock is up more than $30 in the past few months. cvs gained customers despite its dispute with rival walgre
to 10% on a weak forecast. lance armstrong lawsuit: the disgraced cyclist is being sued for $12 million in prize money from the tour de france. and, despite the new snow and rain, a new report shows severe drought conditions are expanding in key farm states. todd horwitz of the adam mesh group joins us for trader talk this morning. they are calling it "snowmageddon" in the northeast, with the big blanket of snow. will that affect trading volumes today? > > good morning. you know, i don't think so. with today's electronic trade, we can trade from anywhere. so you will have people trading from home, they will be trading from their cars stuck in the snow, they will trade from everywhere. the volume has already been so low that i don't think much more can affect it to make it much lower unless it's a holiday. > now that winter is finally here, what do you see in heating oil? > > heating oil made a new high yesterday. listen, if it's going to be cold, there is going to be demand for heating oil, and they're finally going to probably break out and go higher. the market always reacts to what i
Search Results 0 to 1 of about 2